New Resources Available to Help PTs Adopt Cash-based Models

Physical
therapists (PTs) sometimes find that the restrictions placed on their services
by third-party payers interfere with their ability to help patients reach their
goals. Additionally, the cost of collecting payment from third-party payers and
the difficulties in negotiating rates with insurance companies may undermine
the financial viability of a PT practice. For these reasons, some physical
therapists are choosing an out-of-network, or cash-based, model for their
practices. New resources at www.apta.org/Payment/Billing/CashPractice/ can help PTs understand the
various types of cash-based practice models, the importance of complying with
laws and regulations, and pros and cons of practicing as an out-of-network
provider.